Wisconsin VC Funding for March 2025     

According to PitchBook, Wisconsin startups raised at least $800,000 in disclosed funding in March.

March was a slow month for disclosed funding in Wisconsin. In addition to the funding round listed below, Sturgeon Bay-based SaaS company serving the supply chain management industry, Vadar Alpha, raised an undisclosed amount of venture capital from Titletown Tech.

Venture capital investments are low across the U.S. as economic uncertainty grows. According to Eric Bellomo, senior analyst of emerging technology at PitchBook, “For VC and PE investors, we expect the following paradigm to hold: The more discretionary the product, the greater the exposure. Consumer pullback disproportionately affects nonessential categories, leading to softer demand forecasts, longer sales cycles, and heightened sensitivity to pricing and margin compression. We expect deal activity to not only slow but also include greater structure — such as heavy earnouts, preferred equity, super minorities and more — amid heightened uncertainty. Companies that paused IPO, merger or financing discussions are unlikely to immediately restart processes given the uncertainty that hangs over the endgame of the most recent pause.”